Make a Positive Impact with a Non-Profit Organization.

Serve Your Mission, Gain Tax Benefits, and Create Social Change.

What is Non- Profit ?

A non-profit organization is a type of entity that operates for the benefit of the public, rather than for the purpose of generating profits. Non-profits are typically formed to fulfill charitable, educational, religious, scientific, or social causes. Instead of distributing profits to owners or shareholders, non-profits reinvest any surplus funds back into their mission and programs.

Reasons for create Non- Profit

Social Impact

Creating a non-profit allows you to make a positive impact on society by addressing pressing issues or supporting causes close to your heart. Non-profits can drive change, provide assistance to underserved communities, promote education, or advocate for specific social or environmental causes.

Tax Benefits

Non-profit organizations enjoy various tax advantages. They are typically exempt from federal income tax, and in some cases, state and local taxes as well. Additionally, donors to non-profits may be eligible for tax deductions for their contributions, making it an attractive option for individuals and businesses looking to support philanthropic initiatives.

Credibility and Trust

Operating as a non-profit often enhances your organization's credibility and trustworthiness. Non-profits are subject to regulatory oversight, transparency requirements, and rigorous reporting standards, which can instill confidence in donors, volunteers, and the public.

How to Start Non- Profit ?

Define Your Mission and Purpose

Clearly articulate the purpose of your non-profit organization. Identify the societal need you aim to address and the specific goals and activities you plan to undertake

Form a Board of Directors

Recruit individuals who are passionate about your cause and possess the skills and expertise needed to guide and govern your organization effectively. The board of directors provides oversight and ensures compliance with legal and ethical standards

Incorporate Your Non-Profit

File the necessary incorporation documents with the appropriate state agency. This typically involves preparing and submitting articles of incorporation, which outline your organization's purpose, governance structure, and other essential details

Apply for Tax-Exempt Status

To obtain tax-exempt status under section 501(c)(3) of the Internal Revenue Code (for charitable organizations), you must apply to the IRS by submitting Form 1023 or Form 1023-EZ. This process involves demonstrating that your organization meets specific criteria and fulfills the requirements for tax exemption

Develop Policies and Bylaws

Create comprehensive bylaws that outline the operating procedures, governance structure, and responsibilities of your organization. Establish policies to guide activities such as financial management, fundraising, and board governance

Obtain Necessary Licenses and Permits

Research and secure any required licenses or permits to operate your non-profit legally. These may include permits for fundraising, charitable solicitation, or compliance with local regulations

Frequently asked questions

While non-profits can generate revenue through various activities, the key distinction is that the surplus funds are reinvested into the organization’s mission and programs. Non-profits are prohibited from distributing profits to individuals or shareholders.

Yes, individuals can receive compensation for working in non-profit organizations. However, compensation must be reasonable and aligned with industry standards. Compensation practices must be disclosed and adhere to legal requirements.

Non-profit organizations can raise funds through various means, including donations from individuals, grants from foundations or government agencies, corporate sponsorships, fundraising events, and online crowdfunding campaigns. Developing a comprehensive fundraising strategy is essential for long-term sustainability.

Why Us

Expertise and Experience

Our team of Certified Public Accountants specializes in serving non-profit organizations. We have extensive experience in financial management, tax compliance, and regulatory reporting specific to the non-profit sector.

Comprehensive Services

We provide a wide range of services tailored to non-profit organizations, including financial statement preparation, tax planning and preparation, compliance with IRS regulations, audit support, and strategic financial consulting. Our holistic approach ensures that all your financial needs are met efficiently and effectively.

Compliance and Transparency

We understand the importance of adhering to legal and regulatory requirements for non-profits. We help you maintain compliance, prepare accurate financial reports, and ensure transparency in your financial operations.

Impactful Financial Strategies

We work closely with your organization to develop financial strategies that align with your mission and goals. Our insights and guidance help you optimize your resources, manage risks, and achieve sustainable growth.

Customer Reviews

Contact us

Partner with Helponic today and experience the difference of working with a dedicated team that understands the unique challenges and opportunities Non Profit present. Contact us for a consultation and let us help you build a solid foundation for your business success.

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